Export from Ethiopia’s Industry Parks Generated 248 Million USD
Export from the 3 industrial parks already operating in Ethiopia in the last fiscal year has been reported to be 248 million USD. These parks are Hawassa, Bole Lemi and Eastern Zone.
Export of Leather Products Fetches US$111.1 Million
Ethiopia has earned US$111.1 million from the export of leather products over the past eleven months of the current Ethiopian Fiscal year, according to the Leather and Industry Development Institute (LIDI).
Of the total revenue, nearly 92 million USD was obtained from export of finished leather products, Birhanu Serjebo, corporate communication director with the Institute indicated.Exporters’ Guide Launched
The Ethiopian Chamber of Commerce and Sectoral Associations (ECCSA) launched this week a new exporter’s guide as part of its business development and trade facilitation efforts to maximize the benefits of the country from the sector.
Eyesuswork Zafu, president of the chamber, said that the guide would be a useful partner to all exporters in Ethiopia.
Exporting Enterprises Exhibiting products Abroad
Ethiopian public Enterprises occupied in export trade are showing their products at international exhibitions and trade fairs, according to the Privatization and Public Enterprises Supervising Agency.
EY Says Ethiopia Will Be Sub-Saharan Africa’s 3rd Largest Economy by 2017
Ethiopia is projected to be the third largest economy in the Sub-Saharan Africa by 2017, says Ernst and Young’s (EY) study titled “Investing in Ethiopia”.
